Snowflake Price Target Raised by Multiple Analysts, Including Deutsche Bank, Evercore ISI Group, and Macquarie, and Receives Positive Ratings
Several financial analysts have recently raised the price target for Snowflake shares. Keybanc increased the target to $285.00 from $275.00, Baird raised it to $270.00 from $260.00, Cantor Fitzgerald adjusted it to $278.00 from $275.00, Morgan Stanley raised it to $299.00 from $272.00 while maintaining an overweight rating, Wells Fargo raised it to $290.00 from $275.00 while maintaining an overweight rating, Stifel raised it to $280.00 from $260.00 while maintaining a Buy rating, Deutsche Bank raised it to $275.00 from $250.00 while maintaining a Buy rating, and Evercore ISI Group raised its price target to $300.00 from $280.00 while maintaining an Outperform rating. Additionally, Macquarie raised the price target to $250.00 from $235.00 while maintaining a neutral rating. In early December 2025, Snowflake received positive ratings from Wells Fargo, Scotiabank, Canaccord Genuity, and DA Davidson, reflecting strong confidence in Snowflake's market position and growth prospects.